Hong Kong Rating and Valuation Department: Hong Kong's residential property price index rose by nearly 0.9% in April, marking the 11th consecutive monthly increase.

According to the Wisdom Financial APP, property prices in Hong Kong have risen for 11 consecutive months, while rents have risen for 6 consecutive months. The Hong Kong Rating and Valuation Department's private residential property price index, which reflects the prices of second-hand properties, stood at 316.6 in April, rising by 0.89% monthly, marking an 11-month consecutive increase and a 10.51% year-on-year increase, reaching a 30-month high since October 2023. Hong Kong property prices have increased by 5.67% so far this year. Compared to the historical high of 398.1 points in September 2021, property prices in Hong Kong have fallen by approximately 20.47% to date.